Portugal Maintains Confident Stance in EU Rope Production and Trade

Cordage, Rope, Twine and Netting December 01, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

From 2007 to 2014, EU production of twine, cordage, rope and cables showed mixed dynamics, all the while rising from 209 thousand tonnes in 2007 to 221 thousand tonnes in 2014. It expanded with a CAGR of 0.8% over the period under review. In value terms, EU rope and cordage production decreased to 578 million EUR in 2014, falling by 0.8% annually.

Portugal was the largest producer of twine, cordage and the like in absolute volumes, with 84 thousand tonnes. It was distantly followed by Poland (23 thousand tonnes), the Czech Republic (19 thousand tonnes) and Spain (15 thousand tonnes).

Positive dynamics in cordage production among the main producing countries from 2007 to 2014 were recorded in Portugal (+2.2% per year), while for the other three EU leaders (Poland, the Czech Republic and Spain) the paces of growth were negative.

Portugal dominated in EU rope production and trade. In 2014, it exported 91% of its total twine, cordage, rope and cables output. Of this amount, 23% was supplied to France, where Portuguese ropes and similar products held a 61% share of total France's imports.

Source: EU: Twine, Cordage, Rope And Cables - Market Report. Analysis And Forecast To 2020